NOTEBOOK “ξ” (“XI”)

HELFFERICH, NATIONAL WELFARE IN GERMANY

Dr. Karl Helfferich (head of the Deutsche Bank), National Welfare in Germany 1888-1913 , Berlin, 1913.

Germany’s national income is about 40 ,000 million marks per annum, as against 22,000-25,000 million in 1895; out of the 40, about seven go for public purposes, about 25 for private consumption, and about eight for accumulation = 40 (p. 123). Germany’s national wealth > 300,000 million ( 1 ) marks per annum as against 200,000 million in 1895.

( 1 ) Including 20,000 million marks of capital invested abroad (p. 113).

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Notes:
[1] So given by Helfferich.— Ed .